Landmark Case:

Rores v. Robinson Roofing & Construction Co. Inc.

January 13, 2005, Second Court of Appeals, Fort Worth: This case involves the fraudulent transfer of intangible assets following a personal injury for brain damage. The Plaintiff suffered a brain injury while working for Defendant, M & B Contracting, Inc., a subsidiary of Robinson Roofing & Construction Co., Inc. The Plaintiff had sued Defendant and other responsible parties for injuries. The Defendant changed its name, filed for bankruptcy and started another company under the name of Robinson Roofing & Construction Company, Inc. Plaintiff then sued Robinson Roofing & Construction Company, Inc. for the fraudulent transfer of intangible assets that were under the purview of the bankruptcy proceedings. The trial court gave the Defendant summary judgment. The Plaintiff appealed and produced evidence that the transfers were made to insiders of the bankrupt company. The appellate court reversed the trial court's decision and remanded the case to trial court for a jury trial.